Insiders Buy the Holdings of FDM ETF

A look at the weighted underlying holdings of the First Trust Dow Jones Select MicroCap Index Fund (FDM) shows an impressive 15.8% of holdings on a weighted basis have experienced insider buying within the past six months.

START SLIDESHOW:
10 ETFs With Stocks That Insiders Are Buying »

Photronics, Inc. ( PLAB), which makes up 0.58% of the First Trust Dow Jones Select MicroCap Index Fund (FDM), has seen 3 directors and officers purchase shares in the past six months, according to the recent Form 4 data. The ETF holds a total of $302,747 worth of PLAB, making it the #51 largest holding. The table below details the recent insider buying activity observed at PLAB:

PLAB — last trade: $8.94 — Recent Insider Buys:

Purchased Insider Title Shares Price/Share Value
07/31/2014 Constantine S. Macricostas CEO & President 4,411 $6.77 $29,862.47
07/31/2014 Sean T. Smith Senior Vice President & CFO 2,757 $6.77 $18,664.89
07/31/2014 Richelle E. Burr VP, General Counsel & Secy 500 $6.77 $3,385.00

And Smith & Wesson Holding Corp ( SWHC), the #66 largest holding among components of the First Trust Dow Jones Select MicroCap Index Fund (FDM), shows 2 directors and officers as recently filing Form 4's indicating purchases. The ETF holds $293,752 worth of SWHC, which represents approximately 0.56% of the ETF's total assets at last check. The recent insider buying activity observed at SWHC is detailed in the table below:

SWHC — last trade: $9.92 — Recent Insider Buys:

Purchased Insider Title Shares Price/Share Value
10/27/2014 P. James Debney President and CEO 10,000 $10.02 $100,198.00
10/30/2014 Jeffrey D. Buchanan Exec. VP, CFO & Treasurer 5,000 $10.10 $50,500.00

More from Stocks

REPLAY: Jim Cramer on How to Navigate the Stock Market Amid Tariff Worries

REPLAY: Jim Cramer on How to Navigate the Stock Market Amid Tariff Worries

Jim Cramer: 4 Stocks Could Get Throttled By a 'Knock Down Drag Out' With China

Jim Cramer: 4 Stocks Could Get Throttled By a 'Knock Down Drag Out' With China

3 Warren Buffett Stock Picks That Could Be Perfect for Your Retirement Portfolio

3 Warren Buffett Stock Picks That Could Be Perfect for Your Retirement Portfolio

50 Stocks That Could Be Shredded If a U.S. Trade War With China Ignites

50 Stocks That Could Be Shredded If a U.S. Trade War With China Ignites

Why Starbucks Latest Data Reveal Should Worry Investors

Why Starbucks Latest Data Reveal Should Worry Investors